#Robotics and Automation Actuators Market size

[govindhtech]

Agilex 3 FPGAs: Next-Gen Edge-To-Cloud Technology At Altera

Agilex 3 FPGA

Today, Altera, an Intel company, launched a line of FPGA hardware, software, and development tools to expand the market and use cases for its programmable solutions. Altera unveiled new development kits and software support for its Agilex 5 FPGAs at its annual developer’s conference, along with fresh information on its next-generation, cost-and power-optimized Agilex 3 FPGA.

Altera

Why It Matters

Altera is the sole independent provider of FPGAs, offering complete stack solutions designed for next-generation communications infrastructure, intelligent edge applications, and high-performance accelerated computing systems. Customers can get adaptable hardware from the company that quickly adjusts to shifting market demands brought about by the era of intelligent computing thanks to its extensive FPGA range. With Agilex FPGAs loaded with AI Tensor Blocks and the Altera FPGA AI Suite, which speeds up FPGA development for AI inference using well-liked frameworks like TensorFlow, PyTorch, and OpenVINO toolkit and tested FPGA development flows, Altera is leading the industry in the use of FPGAs in AI inference workload

Intel Agilex 3

What Agilex 3 FPGAs Offer

Designed to satisfy the power, performance, and size needs of embedded and intelligent edge applications, Altera today revealed additional product details for its Agilex 3 FPGA. Agilex 3 FPGAs, with densities ranging from 25K-135K logic elements, offer faster performance, improved security, and higher degrees of integration in a smaller box than its predecessors.

An on-chip twin Cortex A55 ARM hard processor subsystem with a programmable fabric enhanced with artificial intelligence capabilities is a feature of the FPGA family. Real-time computation for time-sensitive applications such as industrial Internet of Things (IoT) and driverless cars is made possible by the FPGA for intelligent edge applications. Agilex 3 FPGAs give sensors, drivers, actuators, and machine learning algorithms a smooth integration for smart factory automation technologies including robotics and machine vision.

Agilex 3 FPGAs provide numerous major security advancements over the previous generation, such as bitstream encryption, authentication, and physical anti-tamper detection, to fulfill the needs of both defense and commercial projects. Critical applications in industrial automation and other fields benefit from these capabilities, which guarantee dependable and secure performance.

Agilex 3 FPGAs offer a 1.9×1 boost in performance over the previous generation by utilizing Altera’s HyperFlex architecture. By extending the HyperFlex design to Agilex 3 FPGAs, high clock frequencies can be achieved in an FPGA that is optimized for both cost and power. Added support for LPDDR4X Memory and integrated high-speed transceivers capable of up to 12.5 Gbps allow for increased system performance.

Agilex 3 FPGA software support is scheduled to begin in Q1 2025, with development kits and production shipments following in the middle of the year.

How FPGA Software Tools Speed Market Entry

Quartus Prime Pro

The Latest Features of Altera’s Quartus Prime Pro software, which gives developers industry-leading compilation times, enhanced designer productivity, and expedited time-to-market, are another way that FPGA software tools accelerate time-to-market. With the impending Quartus Prime Pro 24.3 release, enhanced support for embedded applications and access to additional Agilex devices are made possible.

Agilex 5 FPGA D-series, which targets an even wider range of use cases than Agilex 5 FPGA E-series, which are optimized to enable efficient computing in edge applications, can be designed by customers using this forthcoming release. In order to help lower entry barriers for its mid-range FPGA family, Altera provides software support for its Agilex 5 FPGA E-series through a free license in the Quartus Prime Software.

Support for embedded applications that use Altera’s RISC-V solution, the Nios V soft-core processor that may be instantiated in the FPGA fabric, or an integrated hard-processor subsystem is also included in this software release. Agilex 5 FPGA design examples that highlight Nios V features like lockstep, complete ECC, and branch prediction are now available to customers. The most recent versions of Linux, VxWorks, and Zephyr provide new OS and RTOS support for the Agilex 5 SoC FPGA-based hard processor subsystem.

How to Begin for Developers

In addition to the extensive range of Agilex 5 and Agilex 7 FPGAs-based solutions available to assist developers in getting started, Altera and its ecosystem partners announced the release of 11 additional Agilex 5 FPGA-based development kits and system-on-modules (SoMs).

Developers may quickly transition to full-volume production, gain firsthand knowledge of the features and advantages Agilex FPGAs can offer, and easily and affordably access Altera hardware with FPGA development kits.

Kits are available for a wide range of application cases and all geographical locations. To find out how to buy, go to Altera’s Partner Showcase website.

Read more on govindhtech.com

[amrutmnm]

The Actuators Market Size is projected to grow from USD 67.7 Billion in 2024 to USD 94.8 Billion by 2029, at a CAGR of 7.0% from 2024 to 2029. The international actuators market is propelled by rapid urbanization and industrialization. Expanding investments in additional infrastructure and restoration of existing plants is anticipated to positively impact market growth. Rising population, industrial production, manufacturing companies favoring automation, and necessity to extract natural resources from difficult locations may also drive Actuators Industry growth in the coming years. In recent times, space travel has been revived, and, thus, it has potential to drive the demand for actuators. Numerous industries like automotive, food and beverages, oil & gas, robotics, defense and security, aerospace, and logistics focus on automating their businesses to deliver improved safety, better efficiency, and heightened precision in production and time-efficient services.

[tamanna31]

Smart Factory Market Intelligence Report Offers Growth Prospects

Smart Factory Industry Overview

The global smart factory market size was valued at USD 130.25 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.8% from 2023 to 2030.

The market for smart factory is expected to expand due to several key factors, including increasing emphasis on energy efficiency, improved manufacturing productivity, and the establishment of advanced manufacturing infrastructures. Additionally, there are promising prospects for the adoption of collaborative robots and ongoing advancements in 3D printing technology, which are set to create lucrative opportunities for the market during the forecast period.

Gather more insights about the market drivers, restrains and growth of the Smart Factory Market

Artificial intelligence (AI) and machine learning (ML) are playing a pivotal role in smart factories. These technologies enable predictive maintenance, quality control, and process optimization. AI-driven analytics can uncover valuable insights from vast datasets, helping manufacturers make data-driven decisions. As AI capabilities continue to evolve, their integration into smart factories is expected to grow.

For instance, in September 2022, Datametrex AI Ltd. announced the launch of Smart Factory AI technology based on big data, Artificial Intelligence (AI), and server automation operating system technologies. Additionally, the company claimed to receive purchase orders totaling CAD 200,000 from various multinational corporations, including Woongjin, Co. Ltd., Kolon Benit, and Lotte Data Communication Co., Ltd.

The adoption of Industry 4.0 principles is a prominent trend in smart factories. Industry 4.0 emphasizes the integration of digital technologies such as IoT, big data analytics, and automation into manufacturing processes. Smart factories are leveraging these technologies to optimize production, improve quality, and enhance overall efficiency. This trend is expected to continue as manufacturers seek to remain competitive in a globalized market.

Furthermore, the Internet of Things (IoT) is the backbone of smart factories, facilitating real-time monitoring and control of machines and processes. The growing number of connected devices, sensors, and actuators is enhancing visibility and automation within factories. The increasing deployment of 5G networks and the advancement of edge computing will further strengthen the significance of IoT in the market.

The COVID-19 pandemic had a profound impact on the smart factory industry. While it initially disrupted supply chains and manufacturing operations, it also accelerated the adoption of digital technologies in factories. The need for remote monitoring, predictive maintenance, and agile production processes became apparent during the pandemic, driving increased investment in smart factory solutions. Additionally, the emphasis on worker safety and social distancing led to a greater interest in automation and robotics. The market is anticipated to sustain its growth momentum as the global economy recovers from the pandemic. This is attributed to manufacturers placing greater emphasis on enhancing resilience, efficiency, and operational flexibility in their processes.

Smart Factory Market Segmentation

Grand View Research has segmented the global smart factory market report on the basis of technology, field devices, application, and region:

Technology Outlook (Revenue, USD Billion, 2018 - 2030)

Distributed Control Systems (DCS)

Enterprise Resource Planning (ERP)

Human Machine Interface (HMI)

Manufacturing Execution System (MES)

Product Life Cycle Management (PLM)

Program Logic Controller (PLC)

Supervisory Controller and Data Acquisition (SCADA)

Others

Field Devices Outlook (Revenue, USD Billion, 2018 - 2030)

Sensors

Industrial Robotics

Machine Vision Systems

Others

Application Outlook (Revenue, USD Billion, 2018 - 2030)

Aerospace & Defense

Automotive

Energy & Power

Food and Beverages

Healthcare

Semiconductor & Electronics

Oil & Gas

Others

Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

US

Canada

Europe

UK

Germany

France

Italy

Spain

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East & Africa (MEA)

UAE

Saudi Arabia

Rest of Middle East & Africa

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

The global generative AI smartphone market shipments was estimated at 52.1 million units in 2023 and is projected to grow at a CAGR of 40.9% from 2024 to 2030. 

The global aviation software market size was estimated at USD 10.68 billion in 2023 and is expected to grow at a CAGR of 7.2% from 2024 to 2030. 

Key Companies & Market Share Insights

The market is classified as highly competitive, with the presence of several smart factory players. The key players operating in the industry are focusing on strategic alliances, product developments, expansions, and mergers & acquisitions to remain competitive. For instance, in March 2023, Schneider Electric SE, a digital transformation provider of energy management and industrial automation, initiated the construction of its upcoming smart factory in Dunavesce, Hungary. This state-of-the-art facility, backed by an investment of USD 42.67 million (€40 million), would cover an area of 25,000 sq. m. and will accommodate a workforce of 500 employees. Such strategies by key players are anticipated to augment market growth over the forecast period. Following are some of the major players in the global smart factory market:

ABB Ltd.

Dassault Systemes S.E.

FANUC Corporation

General Electric Company

Honeywell International, Inc.

Johnson Controls, Inc.

KUKA AG

Mitsubishi Electric Corporation

Rockwell Automation, Inc.

Schneider Electric SE

Canon Inc.

Cisco System Inc.

Emerson Electric Co. 

Order a free sample PDF of the Smart Factory Market Intelligence Study, published by Grand View Research.

[industrynewsupdates]

Smart Factory Market Size, Trends, and Business Outlook, 2030

The global smart factory market size was valued at USD 130.25 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.8% from 2023 to 2030.

The market for smart factory is expected to expand due to several key factors, including increasing emphasis on energy efficiency, improved manufacturing productivity, and the establishment of advanced manufacturing infrastructures. Additionally, there are promising prospects for the adoption of collaborative robots and ongoing advancements in 3D printing technology, which are set to create lucrative opportunities for the market during the forecast period.

Gather more insights about the market drivers, restrains and growth of the Smart Factory Market

Artificial intelligence (AI) and machine learning (ML) are playing a pivotal role in smart factories. These technologies enable predictive maintenance, quality control, and process optimization. AI-driven analytics can uncover valuable insights from vast datasets, helping manufacturers make data-driven decisions. As AI capabilities continue to evolve, their integration into smart factories is expected to grow.

For instance, in September 2022, Datametrex AI Ltd. announced the launch of Smart Factory AI technology based on big data, Artificial Intelligence (AI), and server automation operating system technologies. Additionally, the company claimed to receive purchase orders totaling CAD 200,000 from various multinational corporations, including Woongjin, Co. Ltd., Kolon Benit, and Lotte Data Communication Co., Ltd.

The adoption of Industry 4.0 principles is a prominent trend in smart factories. Industry 4.0 emphasizes the integration of digital technologies such as IoT, big data analytics, and automation into manufacturing processes. Smart factories are leveraging these technologies to optimize production, improve quality, and enhance overall efficiency. This trend is expected to continue as manufacturers seek to remain competitive in a globalized market.

Furthermore, the Internet of Things (IoT) is the backbone of smart factories, facilitating real-time monitoring and control of machines and processes. The growing number of connected devices, sensors, and actuators is enhancing visibility and automation within factories. The increasing deployment of 5G networks and the advancement of edge computing will further strengthen the significance of IoT in the market.

The COVID-19 pandemic had a profound impact on the smart factory industry. While it initially disrupted supply chains and manufacturing operations, it also accelerated the adoption of digital technologies in factories. The need for remote monitoring, predictive maintenance, and agile production processes became apparent during the pandemic, driving increased investment in smart factory solutions. Additionally, the emphasis on worker safety and social distancing led to a greater interest in automation and robotics. The market is anticipated to sustain its growth momentum as the global economy recovers from the pandemic. This is attributed to manufacturers placing greater emphasis on enhancing resilience, efficiency, and operational flexibility in their processes.

Smart Factory Market Segmentation

Grand View Research has segmented the global smart factory market report on the basis of technology, field devices, application, and region:

Technology Outlook (Revenue, USD Billion, 2018 - 2030)

• Distributed Control Systems (DCS)

• Enterprise Resource Planning (ERP)

• Human Machine Interface (HMI)

• Manufacturing Execution System (MES)

• Product Life Cycle Management (PLM)

• Program Logic Controller (PLC)

• Supervisory Controller and Data Acquisition (SCADA)

• Others

Field Devices Outlook (Revenue, USD Billion, 2018 - 2030)

• Sensors

• Industrial Robotics

• Machine Vision Systems

• Others

Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Aerospace & Defense

• Automotive

• Energy & Power

• Food and Beverages

• Healthcare

• Semiconductor & Electronics

• Oil & Gas

• Others

Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

o Spain

o Rest of Europe

• Asia Pacific

o China

o India

o Japan

o South Korea

o Rest of Asia Pacific

• Latin America

o Brazil

o Mexico

o Rest of Latin America

• Middle East & Africa (MEA)

o UAE

o Saudi Arabia

o Rest of Middle East & Africa

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global generative AI smartphone market shipments was estimated at 52.1 million units in 2023 and is projected to grow at a CAGR of 40.9% from 2024 to 2030. 

• The global aviation software market size was estimated at USD 10.68 billion in 2023 and is expected to grow at a CAGR of 7.2% from 2024 to 2030. 

Key Companies & Market Share Insights

The market is classified as highly competitive, with the presence of several smart factory players. The key players operating in the industry are focusing on strategic alliances, product developments, expansions, and mergers & acquisitions to remain competitive. For instance, in March 2023, Schneider Electric SE, a digital transformation provider of energy management and industrial automation, initiated the construction of its upcoming smart factory in Dunavesce, Hungary. This state-of-the-art facility, backed by an investment of USD 42.67 million (€40 million), would cover an area of 25,000 sq. m. and will accommodate a workforce of 500 employees. Such strategies by key players are anticipated to augment market growth over the forecast period. Following are some of the major players in the global smart factory market:

• ABB, Ltd.

• Dassault Systemes S.E.

• FANUC Corporation

• General Electric Company

• Honeywell International, Inc.

• Johnson Controls, Inc.

• KUKA AG

• Mitsubishi Electric Corporation

• Rockwell Automation, Inc.

• Schneider Electric SE

• Canon Inc.

• Cisco System Inc.

• Emerson Electric Co. 

Order a free sample PDF of the Smart Factory Market Intelligence Study, published by Grand View Research.

[globalgrowthinsights]

Nickel-plated Steel Sheet in Batteries Market Size, Share, Volume, Trends, Demand, Growth and Forecast Report 2024-2032

Nickel-plated Steel Sheet in Batteries Market provides in-depth analysis of the market state of Nickel-plated Steel Sheet in Batteries manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Nickel-plated Steel Sheet in Batteries in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Nickel-plated Steel Sheet in Batteries Market Report:

The report offers a comprehensive and broad perspective on the global Nickel-plated Steel Sheet in Batteries Market.

The market statistics represented in different Nickel-plated Steel Sheet in Batteries segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Nickel-plated Steel Sheet in Batteries are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Nickel-plated Steel Sheet in Batteries.

Major stakeholders, key companies Nickel-plated Steel Sheet in Batteries, investment feasibility and new market entrants study is offered.

Development scope of Nickel-plated Steel Sheet in Batteries in each market segment is covered in this report. The macro and micro-economic factors affecting the Nickel-plated Steel Sheet in Batteries Market

Advancement is elaborated in this report. The upstream and downstream components of Nickel-plated Steel Sheet in Batteries and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/nickel-plated-steel-sheet-in-batteries-market-100571

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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[businessindustry]

Integrated Automation System (IAS) Market, Industry Recent Developments and Latest Technology 2032| Reports and Insights

The Reports and Insights, a leading market research company, has recently releases report titled “Integrated Automation System (IAS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Integrated Automation System (IAS) Market Research, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Integrated Automation System (IAS) Market?

The integrated automation system (IAS) market is expected to grow at a CAGR of 5.6% during the forecast period of 2024 to 2032.

What are Integrated Automation System (IAS)?

An Integrated Automation System (IAS) is an advanced technological solution engineered to unify and enhance diverse industrial processes within a single integrated framework. Through the integration of control systems, sensors, actuators, and software applications, IAS enables smooth communication and coordination among various components and subsystems, facilitating efficient monitoring, management, and control of activities such as production, logistics, and quality assurance. With its capacity to consolidate data, offer real-time insights, and automate repetitive tasks, IAS boosts productivity, lowers operational expenses, and enhances overall efficiency across a broad spectrum of industrial operations.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1880

What are the growth prospects and trends in the Integrated Automation System (IAS) industry?

The integrated automation system (IAS) market growth is driven by various factors. The market for Integrated Automation Systems (IAS) is experiencing swift expansion, fueled by the growing demand for efficient industrial automation and streamlined operational workflows. With businesses increasingly prioritizing enhanced productivity and cost-effectiveness, IAS solutions have become indispensable across diverse sectors such as manufacturing, energy, automotive, and healthcare. These systems offer seamless integration of control mechanisms, sensors, and software applications, facilitating optimized production, logistics, and quality control processes. Moreover, the increasing adoption of Industry 4.0 principles and the Internet of Things (IoT) further accelerates the IAS market growth, as organizations acknowledge the benefits of centralized data management, real-time monitoring, and predictive maintenance capabilities provided by these sophisticated automation systems. Hence, all these factors contribute to integrated automation system (IAS) market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Component:

Hardware

Software

Services

Type:

Distributed Control System (DCS)

Programmable Logic Controller (PLC)

Supervisory Control and Data Acquisition (SCADA)

Human Machine Interface (HMI)

Others

Industry Vertical:

Manufacturing

Oil and Gas

Energy and Utilities

Automotive

Aerospace and Defense

Chemicals

Pharmaceutical and Healthcare

Food and Beverage

Others

End User:

Small and Medium Enterprises (SMEs)

Large Enterprises

Application:

Process Automation

Discrete Automation

Connectivity:

Wired

Wireless

Functionality:

Plant Automation

Machine Automation

Deployment:

On-premises

Cloud-based

End-Use:

Industrial

Commercial

Solution:

Control Systems

Robotics

MES (Manufacturing Execution System)

Industrial IoT (Internet of Things)

Others

Service:

Consulting

Integration and Implementation

Maintenance and Support

Industry 4.0 Enabler:

Big Data Analytics

Artificial Intelligence

Industrial Cybersecurity

Cloud Computing

Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

The U.K.

France

Spain

Italy

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

India

Japan

South Korea

Australia

New Zealand

ASEAN

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

United Arab Emirates

South Africa

Egypt

Israel

Rest of MEA.

Who are the key players operating in the industry?

The report covers the major market players including:

Siemens AG

Schneider Electric SE

Emerson Electric Co.

Honeywell International Inc.

Rockwell Automation Inc.

Mitsubishi Electric Corporation

Yokogawa Electric Corporation

Omron Corporation

Bosch Rexroth AG

General Electric Company

Johnson Controls International plc

Fanuc Corporation

Schneider Electric SE

Hitachi Ltd.

View Full Report: https://www.reportsandinsights.com/report/Integrated Automation System (IAS)-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

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[metastatblog]

Robotic Camera Modules Market Analysis, Size, Share, Growth, Trends, and Forecasts 2023-2030

The Robotic Camera Modules market caters to the growing demand for automated, robotics-enabled cameras across consumer electronics, industrial inspection, healthcare and automotive sectors. With AI and robotics advancing considerably, robotic camera modules have emerged as key enablers for dynamic vision capabilities in smart devices and machines. 

Robotic camera modules typically feature multi-axis motion actuators to facilitate pan, tilt and swivel functionality. This allows real-time alignment of the visual field with the target object or scene as per requirement. Control and integration electronics along with embedded software and machine learning further empower autonomous viewing capability tailored for specific use cases. 

Get a Free Sample Report:https://www.metastatinsight.com/request-sample/2521

Who are the largest manufacturers of the Robotic Camera Modules Market worldwide?

ams

e-con Systems

CM Technology Company

LG Innotek

Luxvision Innovation

OFILM Group

Nidec

D3 Engineering

Unispectral

InfiRay

However, within challenges lie opportunities. The market has the potential to overcome these hurdles and thrive. For instance, addressing cost concerns through more cost-effective solutions or innovative pricing models could broaden the market's appeal. Similarly, actively engaging with regulatory bodies to streamline compliance processes can pave the way for smoother market penetration.

Looking ahead, the future holds promising opportunities for the Robotic Camera Modules Market. The rising adoption of these modules in diverse applications, from surveillance to industrial automation, opens new avenues for growth. The advent of smart cities, with an increased focus on surveillance and security, further accentuates the demand for advanced robotic camera modules.

Access Full Report@https://www.metastatinsight.com/report/robotic-camera-modules-market

Moreover, the growing inclination toward smart homes and the Internet of Things (IoT) presents a lucrative opportunity. Robotic camera modules, integrated into smart home systems, contribute to enhanced security and monitoring capabilities. The expanding scope of applications signifies a broader market reach and sustained growth potential.

While technological advancements and the increasing demand for automation propel the Robotic Camera Modules Market forward, challenges such as cost constraints and regulatory complexities warrant careful consideration. However, these challenges are not roadblocks but opportunities in disguise. The market, with its innovative capacities, can leverage these challenges to carve out new avenues for growth, ensuring a promising trajectory in the years to come.

Contact Us:   

inquiry@metastatinsight.com

+1 214 613 5758

[tritonmarketresearchamey]

Electric DC Motors: Which Type dominates the Market?

The adoption of 4.0 technologies, such as the Industrial Internet of Things (IIoT), logistics automation, and robotics, is constantly rising. This has increased the use of electric DC motors across various industry segments such as industrial machinery, automotive, aerospace, transportation, HVAC equipment, and household appliances. According to our experts, the global electric DC motor market is anticipated to surge at a CAGR of 8.86% throughout the forecasting period 2022-2028.

Manufacturers across industries are constantly expanding their product lines with the integration of technological upgrades. For instance, automotive players are shifting toward electric mobility as the electric vehicle market is estimated to have a potential growth rate of xx% in the coming years. As a result, the sales of brushless DC motors will gain traction, owing to 80-90% higher efficiency than conventional motors.

Brushless Motors: The Dominate Type

According to our estimates, brushless DC motors lead the type segment and is expected to maintain its stronghold throughout the forecast period. It is driven due to various advantages such as higher efficiency & performance and lower susceptibility to mechanical wear. Additionally, a high power-to-weight ratio, high efficiency, practically instantaneous control of speed (RPM) & torque, high speed, and low maintenance are other aspects supplementing the studied growth trend.

Some examples of industry-wise applications of brushless DC motors in various industries are-

Brushless DC motors (BLDC) are found in various hybrid vehicles, electric vehicles, and personal transporters. They are highly preferred in long-term continuous duty cycles. Therefore, BLDC motors are widely used for traction inverters for ePowertrain.

In industrial robots, brushless DC motors can be used as actuators to move mechanical joints for tool positioning in welding, painting, and assembly applications. Robotic applications favor BLDC motors due to their dependability, power density, small size, and simplicity of maintenance.

Future Prospects

The global industrial production landscape has changed dramatically. Data digitization, machine automation, and asset connectivity is potentially evolving technical infrastructures. Furthermore, several businesses use industrial automation components to compete in today’s fast-paced commercial environment. These factors are expected to contribute to the studied market during the forecast period. On the other hand, the rising demand for energy-efficient electric DC motors in industrial machinery used in mining, manufacturing, power generation, and utility sectors is projected to influence several opportunities for the global electric DC motor market.

 

FAQ

Q1) How is the global electric DC motor market segmented in terms of application?

Based on the application segment, the market is divided into industrial machinery, HVAC Equipment, aerospace and defense, automotive and transportation, household appliance, and other applications.

Q2) What are the factors hampering the global electric DC motor market?

The global electric DC motor market is expected to witness critical challenges, such as the lack of quality control for electric DC motors caused by an unorganized market segment offering low costs for entering the local market to compete with multinational suppliers.

[trendingrepots]

Warehouse Robotics Market - Forecast(2024 - 2030)

Warehouse Robotics Market Overvie

The Global Warehouse Robotics Market size is projected to reach US$6.2 billion by 2030, growing at a CAGR of 12% from 2024 to 2030. The Warehouse Robotics Market encompasses the automation sector dedicated to developing, deploying, and utilizing robotic systems within warehouse and distribution center settings. These robots undertake tasks like picking, sorting, packing, and transportation, aiming to boost operational efficiency, enhance order accuracy, ensure safety, and minimize labor costs. A pivotal trend influencing this market is the integration of cutting-edge technologies like Artificial Intelligence (AI), machine learning, and the Industrial Internet of Things (IIoT). These advancements empower robots to operate autonomously, make real-time decisions, and communicate seamlessly with other warehouse systems, driving higher productivity, accuracy, and adaptability. E-commerce's surge significantly propels the warehouse robotics market forward. With online shopping's exponential growth, retailers and logistics firms face mounting pressure to swiftly and accurately fulfill orders. Warehouse robots offer a scalable solution to manage these demands, enabling companies to optimize order fulfillment processes and navigate peak periods efficiently. Moreover, there's a mounting emphasis on warehouse digitalization and inventory management, spurred by the quest for enhanced visibility and control over inventory levels. Robotics technologies such as automated storage and retrieval systems (AS/RS) and sortation robots play a pivotal role in optimizing warehouse space usage and inventory tracking. The factors such as the proliferation of advanced technologies, the expansion of e-commerce, and the increasing focus on operational efficiency and safety are expected to drive market expansion in the foreseeable future.

Report Coverage

The report: “Warehouse Robotics Industry Outlook – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Warehouse Robotics industry.

By Product Type: Autonomous Mobile Robot (AMR), Articulated Robots, Cylindrical Robots, SCARA Robots, Collaborative Robots, Parallel Robots, Cartesian Robots and Others.

By Payload Capacity: less than 20Kg, 20-100Kg, 100-300Kg and greater than 300Kg.

By System Type: Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System and Swisslog Carrypick.

By Components: Programmable Logic Controller, Microprocessors and Microcontrollers, Actuators, Sensors and RF Module.

By Software: Warehouse management system, Warehouse execution system, Warehouse control system and Others.

By Function: Pick & Place, Assembling & Dissembling, Transportation, Sorting & Packaging and Others.

By End-use Industry: E-commerce, Automotive, Consumer Electronics, Food & Beverages, Healthcare, Metal & Machinery, Textile, Chemical and Others.

By Geography: North America (the US, Canada and Mexico), South America (Brazil, Argentina and Others), Europe (the UK, Germany, France, Italy, Spain and Others), APAC (China, Japan, South Korea, India, Australia and Others) and RoW (the Middle East and Africa).

Key Takeaways

• In the Warehouse Robotics market report, the autonomous mobile robots’ segment is analyzed to grow at a significant CAGR of 14.9% due to its high accuracy, increased efficiency and widespread applications across industry verticals.

• The E-commerce industry is expected to grow at the highest rate with a CAGR of 15.2% owing to factors such as rising demand for distribution center automation, fulfillment automation, growing demand for order accuracy and rising competition among the companies.

• North America held the largest market share of 34% in 2023 in the global Warehouse Robotics Market, owing to factors such as rapid R&D investments towards robotics and increasing adoption of robots for process automation.

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Key Market Statistics Driving the Actuators Sector

The Actuators Market is a critical component of modern industrial systems, integral to the automation and control of machinery across various sectors. The market is projected to grow from USD 67.7 Billion in 2024 to USD 94.8 Billion by 2029, at a Compound Annual Growth Rate (CAGR) of 7.0%. This substantial growth is driven by rapid urbanization, industrialization, and increasing investments in infrastructure and plant renovation. The growing need for automation in industries such as automotive, food and beverages, oil and gas, robotics, defense, aerospace, and logistics is propelling the demand for actuators. This comprehensive analysis explores market statistics, size, trends, drivers, restraints, opportunities, and challenges within the actuators industry.

Market Statistics and Size

The Global Actuators Market, currently valued at USD 67.7 billion, is set to reach USD 94.8 billion by 2029. This growth is indicative of the increasing reliance on automation and the expansion of industries requiring precise control and efficiency in their operations. The market is characterized by a diverse range of applications, from simple industrial machinery to complex robotic systems, highlighting the versatility and importance of actuators in modern technology.

Market Trends

1. Automation and Robotics Integration

One of the most significant trends in the actuators market is the integration of automation and robotics across various industries. Actuators play a vital role in enabling precise control and movement in robotic systems, which are increasingly being adopted in manufacturing, automotive, and other sectors. The use of robots for tasks previously handled by manual labor is becoming more prevalent, driven by the need for improved efficiency, safety, and precision.

2. Technological Advancements

Advancements in actuator technology are also shaping market trends. Innovations in electric, hydraulic, and pneumatic actuators are enhancing their performance, reliability, and application scope. Improvements in computing power, software development tools, and networking technologies are simplifying the installation, programming, and maintenance of actuators, making automation more accessible and cost-effective.

3. Cost Reduction and Accessibility

The reduction in costs associated with robotics and automation technologies is making them more accessible to companies of all sizes. Emerging economies are particularly benefiting from these cost reductions, enabling smaller firms to adopt advanced automation solutions that were previously out of reach.

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Market Drivers

1. Rapid Industrialization and Urbanization

Rapid industrialization and urbanization are primary drivers of the actuators market. As urban areas expand and industrial activities increase, there is a growing need for automated systems to enhance production efficiency and manage complex operations. Actuators are crucial in these systems, providing the necessary control and precision.

2. Adoption of Industrial Robots

The widespread adoption of industrial robots is another significant driver. Robots rely on actuators for their movement and functionality, and the increasing use of robots in manufacturing and other industries is driving the demand for various types of actuators. This trend is particularly evident in the automotive sector, where robots are extensively used for assembly and production tasks.

3. Need for Efficiency and Precision

Manufacturing companies are increasingly favoring automation to improve safety, efficiency, and precision in production. Actuators enable precise control of machinery, reducing downtime and enhancing overall productivity. This need for improved operational efficiency is a major factor driving the growth of the actuators market.

Market Restraints

1. Low Oil Prices and Economic Slowdown

The oil and gas industry, a major user of actuators, is significantly affected by fluctuations in oil prices. Low oil prices can lead to reduced capital expenditure in this sector, impacting investments in new projects and equipment, including actuators. Additionally, economic slowdowns can delay or cancel projects requiring actuators, posing a challenge to market growth.

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Market Opportunities

1. Renewable Energy Sector

The increasing investment in renewable energy sources presents significant opportunities for the actuators market. Actuators are essential in power plants for controlling valves and other critical components. As power plants evolve to enhance operational flexibility and efficiency, the demand for advanced automation actuators is expected to rise. Furthermore, actuators play a crucial role in the solar energy sector, where they are used to adjust the direction of solar panels to optimize energy capture.

Market Challenges

1. Maintenance and Leakage Issues

Pneumatic and hydraulic actuators, while effective, present challenges related to maintenance and leakage. Pneumatic actuators require regular maintenance to prevent issues like noise and air leaks, while hydraulic actuators can suffer from fluid leaks that pose environmental risks and potential fire hazards. These challenges can increase maintenance costs and affect the overall efficiency of actuator systems.

Market Segmentation

1. By Type

Rotary Actuators: These actuators convert electrical energy into rotational motion and are used in automation applications such as gates and valves. The rotary segment is expected to grow at a significant rate due to its widespread use in industrial automation.

Hydraulic Actuators: Known for their ability to handle high-force applications, hydraulic actuators are extensively used in heavy-duty industrial applications. Despite their advantages, issues like fluid leakage and higher maintenance costs can be drawbacks.

2. By Application

Automotive: The automotive industry is a major user of actuators, particularly in manufacturing and assembly processes where precision and reliability are critical.

Aerospace and Defense: Actuators are used in various aerospace and defense applications, including aircraft control systems and military equipment.

Renewable Energy: The renewable energy sector, particularly solar power, relies on actuators for optimizing energy capture and controlling various components in power generation systems.

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Regional Analysis

Asia Pacific

Asia Pacific is projected to dominate the actuators market during the forecast period. The region's growth is driven by rapid industrialization, urbanization, and the presence of leading actuator manufacturers. Countries like India are expected to show the highest growth rates due to advancements in technology and increasing demand for automation solutions.

Key Market Players

The Actuators Market is dominated by several key players, including:

Rockwell Automation (US)

Emerson Electric Co. (US)

Parker Hannifin Corporation (US)

ABB Ltd. (Switzerland)

SMC Corporation (Japan)

These companies are at the forefront of innovation and have established strong market positions through diversified product portfolios and robust global sales networks.

The actuators market is set for significant growth, driven by rapid industrialization, urbanization, and the increasing adoption of automation across various industries. While challenges such as maintenance issues and economic fluctuations exist, the market presents substantial opportunities, particularly in the renewable energy sector. As technological advancements continue to enhance the performance and reliability of actuators, their role in modern industrial systems will only become more critical. Collaborative efforts among manufacturers, industry stakeholders, and regulatory bodies will be essential in driving the adoption of advanced actuator solutions and fostering a sustainable and efficient industrial future.

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Warehouse Robotics Market - Forecast(2024 - 2030)

The Global Warehouse Robotics Market size is projected to reach US$6.2 billion by 2030, growing at a CAGR of 12% from 2024 to 2030. The Warehouse Robotics Market encompasses the automation sector dedicated to developing, deploying, and utilizing robotic systems within warehouse and distribution center settings. 

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Report Coverage

The report: “Warehouse Robotics Industry Outlook – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Warehouse Robotics industry.

By Product Type: Autonomous Mobile Robot (AMR), Articulated Robots, Cylindrical Robots, SCARA Robots, Collaborative Robots, Parallel Robots, Cartesian Robots and Others.

By Payload Capacity: less than 20Kg, 20-100Kg, 100-300Kg and greater than 300Kg.

By System Type: Knapp Open Shuttle, Locus Robotics System, Fetch Robotics Freight, Scallog System and Swisslog Carrypick.

By Components: Programmable Logic Controller, Microprocessors and Microcontrollers, Actuators, Sensors and RF Module.

By Software: Warehouse management system, Warehouse execution system, Warehouse control system and Others.

By Function: Pick & Place, Assembling & Dissembling, Transportation, Sorting & Packaging and Others.

By End-use Industry: E-commerce, Automotive, Consumer Electronics, Food & Beverages, Healthcare, Metal & Machinery, Textile, Chemical and Others.

By Geography: North America (the US, Canada and Mexico), South America (Brazil, Argentina and Others), Europe (the UK, Germany, France, Italy, Spain and Others), APAC (China, Japan, South Korea, India, Australia and Others) and RoW (the Middle East and Africa).

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Global Top 7 Companies Accounted for 91% of total Electronic Expansion Valve market (QYResearch, 2021)

The electronic expansion valve is composed of a controller, an actuator and a sensor. The temperature sensing part of the electronic expansion valve is a thermocouple or a thermal resistor, so it can accurately reflect the change of superheat degree at low temperature and provide more accurate flow regulation. At the same time, the electronic expansion valve has large flow control range, sensitive response, rapid action and fine adjustment, which makes up for the shortcomings of capillary and thermal expansion valve that cannot be adjusted. It is more suitable for the electronic and refined management and control of electric vehicles.

According to the new market research report “Global Electronic Expansion Valve Market Report 2023-2029”, published by QYResearch, the global Electronic Expansion Valve market size is projected to reach USD 0.89 billion by 2029, at a CAGR of 23.5% during the forecast period.

Figure.   Global Electronic Expansion Valve Market Size (US$ Million), 2018-2029

Figure.   Global Electronic Expansion Valve Top 7 Players Ranking and Market Share（Based on data of 2022, Continually updated）

The global key manufacturers of Electronic Expansion Valve include Zhejiang Sanhua Automotive Components, TGK, etc. In 2022, the global top three players had a share approximately 91.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

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Actuators Market: Forthcoming Trends and Share Analysis by 2032

Global Actuators Market Size Was Valued at USD 47.12 Billion In 2023 And Is Projected to Reach USD 68.83 Billion By 2032, Growing at a CAGR of 4.3% From 2024 To 2032.

Actuators are machines that transform energy into motion; its main applications are in the control and movement of systems and processes. An external power source—usually electrical electricity, hydraulic fluid pressure, or pneumatic pressure—powers actuators and transforms that power into motion. Actuators are capable of two basic movements: rotation and linear motion. Different types, sizes, and power combinations are available for them based on the intended purposes. Due to widespread use in a number of industries, including material handling, robotics, food and beverage manufacturing, window automation, agricultural machinery, solar panel operation, cutting equipment, valve operation, non-industrial applications, and automotive and mechanical machinery, the actuator market has expanded significantly. The actuators market has seen strong sales over the past ten years due to the increasing demand from these business verticals, as evolution and the requirement for power-hungry machinery and automobiles have increased dramatically.

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Leading players involved in the Actuators Market include:

Honeywell International Inc.

Siemens AG

Emerson Electric Co.

Schneider Electric SE

ABB Ltd.

Rotork plc

Parker Hannifin Corporation

SMC Corporation

Festo AG & Co. KG

Johnson Controls International plc

Belimo Holding AG

Danfoss A/S 

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

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Segmentation of Actuators Market:

By Type

Linear Actuator

Rotary Actuator

By System

Electrical

Pneumatic

Hydraulic

Others

By End-Users

Oil & Gas

Pharmaceutical & Healthcare

Automotive

Aerospace & Defense

Marine

Others

An in-depth study of the Actuators industry for the years 2023–2030 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report's segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers' values, needs, and buying inclinations, are integral parts of any thorough market analysis.

Market Segment by Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Key Benefits of Actuators Market Research: 

Research Report covers the Industry drivers, restraints, opportunities and challenges

Competitive landscape & strategies of leading key players

Potential & niche segments and regional analysis exhibiting promising growth covered in the study

Recent industry trends and market developments

Research provides historical, current, and projected market size & share, in terms of value

Market intelligence to enable effective decision making

Growth opportunities and trend analysis

Covid-19 Impact analysis and analysis to Actuators market

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Global Machine Safety Industry - Market Insights, Opportunities, Trends, Analysis

In the ever-evolving landscape of industrial automation, ensuring the safety of workers and machinery is paramount. Machine safety solutions play a crucial role in mitigating risks and preventing accidents in manufacturing environments. As industries worldwide embrace automation and robotics, the demand for robust machine safety systems continues to grow. The global machine safety market size is poised for significant expansion, with projections indicating steady growth from USD 5.4 billion in 2024 to USD 7.0 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 5.4%.

Safeguarding Operations: Understanding the Market Dynamics

The machine safety market encompasses a wide range of components, offerings, industries, and regions. Understanding these dynamics is essential for stakeholders seeking to navigate the evolving landscape of machine safety solutions.

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Exploring Market Components

Presence Detection Sensors: These sensors detect the presence or absence of objects within a defined area, helping to prevent collisions and ensure safe operation in automated environments.

Safety Controllers/Modules/Relays: Safety controllers, modules, and relays monitor and manage safety functions within machinery, providing a reliable interface between sensors, actuators, and control systems.

Programmable Safety Systems: Programmable safety systems offer flexibility and customization, allowing users to configure safety functions and responses based on specific application requirements.

Emergency Stop Controls: Emergency stop controls provide a quick and effective means of halting machinery in emergency situations, minimizing the risk of injury or damage.

Two-Hand Safety Controls: Two-hand safety controls require simultaneous activation by both hands to initiate a hazardous operation, ensuring operator safety and preventing accidental activation.

Understanding Market Offerings

Machine safety offerings encompass a range of products, services, and solutions designed to address the diverse safety needs of industrial environments. From safety assessments and consulting services to hardware components and software solutions, machine safety offerings provide comprehensive support for safeguarding operations.

Analyzing Industry Applications

The adoption of machine safety solutions spans various industries, including manufacturing, automotive, aerospace, pharmaceuticals, food and beverage, and logistics. Each industry has unique safety requirements and regulations, driving the demand for tailored machine safety solutions to ensure compliance and enhance workplace safety.

Navigating Regional Trends

Geographically, the machine safety market is distributed across regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Regional trends in industrial automation, regulatory frameworks, and safety standards influence the adoption and growth of machine safety solutions in different parts of the world.

Embracing Safety in Automation

As industries embrace automation and robotics to enhance efficiency, productivity, and competitiveness, ensuring the safety of workers and machinery remains a top priority. The global machine safety market is poised to witness steady growth, driven by increasing awareness of occupational safety, stringent regulatory requirements, and advancements in safety technologies.